FinTech News

Automation software developer Decisions pulls in $40m from Aldrich Capital

No-code business rule and process automation platform Decisions has pulled in $40m in funding from Aldrich Capital.

Covr opens new corporate office in Connecticut

Life insurance startup Covr Financial Technologies has opened its corporate office in Hartford, Connecticut.

Cytora said to close £25m funding round to support international growth

Cytora, which uses AI technology to improve underwriting for commercial insurance, has reportedly closed a £25m funding round.

How unlocking data can support the growth of reinsurance

Improving the access to data will not only help improve reinsurance but help the industry grow in new verticals, according to a panel at the Global InsurTech Summit 2019.

Digital insurance company Embroker bags $28m Series B

Digital insurance company Embroker has netted $28m in its Series B round which was led by Tola Capital.

Insights platform Amenity Analytics bags $18m in its Series B

Amenity Analytics, an AI-powered insights platform, has closed its Series B on $18m, to support the growth of its team.

Insurdata pulls in $3m in funding led by Anthemis and Menlo Ventures

Insurdata, a company aggregating peril-specific exposure and risk data, has closed a $3m funding round. The investment was led by London-based venture firm Anthemis and...

Lively launches new mobile app to improve access to health savings tools

Health Savings Account (HSA) company Lively has released a new iOS mobile app to improve accessibility to its health savings tools.

Lemonade closes Series D on $300m

Online insurance company Lemonade has closed its Series D on $300m, with SoftBank Group leading the round.

Property insurance AI solution Flyreel secures $3.85m

Flyreel, an AI solution for property insurance, has secured $3.85m in its latest round of funding, which was led by Gradient Ventures, the AI-focused fund of Google.

News Stories

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early customer interest. Yet maintaining engagement over time remains a persistent challenge.

Why life insurers struggle to sustain wellness programme engagement

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early...
INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within a single policy in real time.

INSTANDA introduces MAX to scale commercial underwriting with AI

INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within...
Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting capabilities.

Acrisure strengthens E&S underwriting with Vave acquisition

Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting...
Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility.

Talanx lands €1bn through dual bond issuance

Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility. The financing consists...
UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to support a new end-to-end approach spanning underwriting, claims and mid-term policy adjustments.

Covéa adopts Shift AI to unify underwriting and claims risk

UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to...
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